South Korea's Delio platform CEO admits to failing to protect user principal and faces criminal charges
Former CEO of Delio platform Jung Sang-ho admitted in court that users did not receive "principal protection" when transferring assets to the platform. The platform collapsed last year, owing approximately 250 billion won ($181 million) in debt. The prosecution has charged him with fraud, embezzlement of public funds, and violation of trust.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List PrompTale AI (TALE). Come and grab a share of 3,480,000 TALE
New spot margin trading pair — LA/USDT!
AINUSDT now launched for futures trading and trading bots
Bitget releases June 2025 Protection Fund Valuation Report
Trending news
MoreCrypto prices
More
